Financial
Distress signals
Property profile

222 N New Rd Pleasantville, NJ 08232

FOR SALE
Other industrial properties
Property ID
US59-1414080
4,306 SF 0.33 ac lot Built 1998
Last sale Sep 2025 · $355,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story warehouse in Pleasantville, New Jersey, providing approximately 5,000 square feet of interior space. It is located within an area that has zoning approval for cannabis cultivation. The site has convenient access to major routes connecting to the highway corridor as well as to Atlantic City and Philadelphia. The premises have historically been used as a commercial kitchen and distribution facility. The property includes the warehouse along with three parcels of land

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value · 2023$309k
Assessed land$66k
Assessed improvement$243k
Effective rate4.94%

Value estimate

· Sep 2026
$530k
$477k – $583k
AI approach$510k
Submarket $/SF estimate$613k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$6k
Operating expenses−$26k
NOI · 7.53% cap applied$49k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$44 – $146

Cap rate analysis

How does the asset earn?
7.53%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
UEZC
JurisdictionATLANTIC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.6
Gym & Fitness9.6
Dry Cleaner8.8

Location

222 N New Rd Pleasantville, NJ 08232
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
64 Washington, Pleasantville, NJ 08232-2771 $190,000 Jan 2026 6,700 SF
18 Cambria, Pleasantville, NJ 08232-2204 $500,000 Jul 2023 3,200 SF
532 Leeds, Pleasantville, NJ 08232-1226 $620,000 May 2022 4,800 SF
9 Chester, Pleasantville, NJ 08232 $70,000 Apr 2022 5,796 SF
107 Madison, Pleasantville, NJ 08232-2558 $270,000 Jan 2021 6,525 SF
50 Somerset, Pleasantville, NJ 08232-2239 $375,000 Oct 2019 7,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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